102 W Merlin Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2021 | Sold | ||
| Sold | |||
| May 14, 2021 | Listed by Ebby Halliday Realtors | $799,000 | |
| Listed by Ebby Halliday Realtors | |||
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Stunning updated home on premium protected cove lot with open water view. 6-5-2 furnished gem with new paint, fixtures, and wood look water resistant flooring. Two living areas with fireplaces, game room and three bedrooms with ensuite baths. Inviting kitchen with granite countertops and expansive dining area with slate floors. Screened porch with hot tub. Majestic shade trees, cozy fire pit and 96 feet of waterfront. Two story boathouse offers boatslip, PWC slip and covered dock sitting areas on both levels.Two car garage, storage room and 2 driveways! VRBO opportunity!
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14575871
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017